In the right environment a Cost Per Unit (CPU) model is far superior to a traditional hourly staffing model. In a CPU the provider shares in risks and rewards, and there is an economic incentive to drive performance in a way that aligns with the client. In an hourly model, it’s the opposite. The provider is paid regardless of the outcome or performance and the client bears many of the risks associated with managing the workforce.
A premier global developer, designer, and manufacturer of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. The Company's segments include Mobile Communications, Game & Network Services, Imaging Products & Solutions, Home Entertainment & Sound, Devices, Pictures, Music, and Financial Services.
Topics: Consumer Electronics Case Study, Reduce Cost Per Unit, Improve Labor Management, Increase Productivity, Improve Efficiency, Manufacturing Management, Warehouse Technology, Improving Production Yields, reduce labor costs, performance partners, nGROUP, warehouse efficiency
In today’s volatile marketplace, manufacturers need to function as efficiently as possible to control costs and maintain agility — both fundamental aspects of competitive positioning. As such, good labor management is critical to ensuring efficient operations. But what is labor management, how can you improve yours, and what human and technological components do you need to take into consideration?
Topics: Improve Labor Management, Workforce Management Tools, Workforce Management, Increase Productivity, Improve Efficiency, Manufacturing Management, Warehouse Technology, Process Analysis, Labor Cost Solution, reduce labor costs, performance partners, Great Labor Management
Technological advancements have an impact on every industry — especially manufacturing. In fact, according to the report “Exponential technologies in manufacturing” by Deloitte and Singularity University, 86 percent of the top 100 companies by R&D spend are in the manufacturing sector. The main technology investment areas for these companies include cloud computing, advanced analytics, modeling and simulation, optimization and predictive analytics, and the Internet of Things (IoT) platforms.
Topics: Workforce Management, Increase Productivity, Improve Efficiency, Manufacturing Management, Warehouse Technology, Process Analysis, reduce labor costs, warehouse efficiency, Workforce Management Tools
One of the benefits of attending this year’s Council of Supply Chain Management Professional’s Conference (CSCMP) was learning about trends that are on the horizon in the world of logistics. One such change is how technology is enabling companies to connect based on need and availability.
Throughout the U.S., the greatest obstacle for Operational and Human Resource professionals hit while trying to improve their labor management is a resistance to change. The pressure to succeed makes companies less open to taking risks and trying new techniques. Yet, businesses have to make modifications to keep up with a shifting national and global economy.
The chart below indicates the actual results that nGROUP produced for a leading electronics manufacturer.
Topics: Human Logistics, Labor Management, Lean Manufacturing, Outsourcing, Business, Cost, Warehouse Technology, Improving Production Yields, reduce labor costs, performance partners, warehouse efficiency, nGROUP
The Analyst Insight* research of The Aberdeen Group found that comprehensive training, ongoing monitoring and performance-based incentives are keys to drive down labor cost, increase productivity and deliver business results.